Recent News

South Korea on verge of trade deal -Trump

March 23, 2018 / www.mining.com

The United States and South Korea could announce a trade deal next week that would cover an exemption from U.S. steel and aluminum tariffs and other trade issues, President Donald Trump and his commerce secretary said on Friday.Trump said the agreement "would be a wonderful deal with a wonderful ally. We're getting very close to it."It was not immediately clear whether the deal would encompass a r...Read More

Saskatchewan miner launches aggressive exploration program in Ontario

March 23, 2018 / www.mining.com

A month after closing the acquisition of Rapier Gold, GFG Resources (TSX-V:GFG) announced the launching of an aggressive exploration program at the Abitibi greenstone belt, which is located west of Timmins, Ontario. In a press release, the Saskatoon-based company said that the fully funded, C$3 million exploration program will be conducted 30 kilometres west of the Timmins West gold mine and will...Read More

Saskatchewan miner launches aggressive exploration program in Ontario

March 23, 2018 / www.mining.com

A month after closing the acquisition of Rapier Gold, GFG Resources (TSX-V:GFG) announced the launching of an aggressive exploration program at the Abitibi greenstone belt, which is located west of Timmins, Ontario. In a press release, the Saskatoon-based company said that the fully funded, C$3 million exploration program will be conducted 30 kilometres west of the Timmins West gold mine and will...Read More

U.S., South Korea on verge of trade deal: Trump

March 23, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States and South Korea could announce a trade deal next week that would cover an exemption from U.S. steel and aluminum tariffs and other trade issues, President Donald Trump and his commerce secretary said on Friday.Trump said the agreement “would be a wonderful deal with a wonderful ally. We’re getting very close to it.”It was not immediately c...Read More

U.S. stock market cheerleader-in-chief goes quiet in downturn

March 23, 2018 / www.kitco.com

LONDON (Reuters) - Investors have long toasted the U.S. stock market boom that emerged from the depths of the 2008 financial crisis, but one of the bull market’s most vocal and visible cheerleaders has abruptly fallen silent: the U.S. President.Since his inauguration in January last year, Donald Trump has regularly taken to Twitter to proclaim the gains in U.S. stocks, often appearing to tak...Read More

Nighthawk Energy shares drop as production declines

March 23, 2018 / www.proactiveinvestors.co.uk

Nighthawk Energy PLC (LON:HAWK) saw shares fall 5.8% in late-afternoon trading to 0.4p as the oiler posted a drop in production.During the three months from November 2017 to January 2018, net production totalled 66,971 barrels, down from 86,418 for the same period a year ago.The company also said it had completed non-routine workovers on several of its wells.Meanwhile, Gaming Realms PLC (LON:GMR)...Read More

Gold To Fall To $1,270; Higher Real Interest Rates To Blame - Capital Economics

March 23, 2018 / www.kitco.com

(Kitco News) - While gold has seen its best week in two years, oneU.K.-based research firm expects that the rally will not be sustainable,looking for prices to fall nearly 6% from current levels by year end due torising real interest rates. Capital Economics said in a recent report that although goldis traditionally a good hedge against inflation -- as the yellow metal rises inconjunction with co...Read More

Gold To Fall To $1,270; Higher Real Interest Rates To Blame - Capital Economics

March 23, 2018 / www.kitco.com

(Kitco News) - While gold has seen its best week in two years, one U.K.-based research firm expects that the rally will not be sustainable, looking for prices to fall nearly 6% from current levels by year end due to rising real interest rates. Capital Economics said in a recent report that although gold is traditionally a good hedge against inflation -- as the yellow metal rises in conjunction wi...Read More

Gold bulls flirt with $1350 amid trade wars escalation

March 23, 2018 / www.fxstreet.com

Gold bulls are alive since the Fed dovish hike.  $1400 is seen at the line in the sand.  Gold is trading at around 1346 up 1.36% on the day so far as trade wars between the US and China intensify.  Gold weekly chart Gold is consolidating and grinding higher in an ascending triangle pattern. Resistance is seen at the high of the year close to the 1365 mark, followed by 1375 the 20...Read More

Call Buyers Bet On a Bank of America Rebound

March 23, 2018 / www.schaeffersresearch.com

BAC shares are getting whacked todayThe Dow is below breakeven today, as it heads for another weekly loss. Three stocks making notable moves are data storage issue Dropbox, Inc. (NASDAQ:DBX), financial name Bank of America Corp (NYSE:BAC), and tobacco concern Alliance One International, Inc. (NYSE:AOI). Let's take a closer look at what's moving shares of DBX, BAC, and AOI. DBX Stock Explodes In...Read More

Zinc Mcx – Zinc Commodity Buy call 21d, Given at price 207.70 Achieved 1st Tgt 208.80 CMP 209.40. Near to 2nd Target 209.60. Total 1.7 x 2 lot = 3.4 Points Profit

March 23, 2018 / mcx.freetips.tips

Zinc Mcx – Zinc Commodity Buy call 21d, Given at price 207.70 Achieved 1st Tgt 208.80 CMP 209.40. Near to 2nd Target 209.60. Total 1.7 x 2 lot = 3.4 Points ProfitTIPS ID 21d : Mcx Zinc Call Today - BUY Zinc at CMP 207.70 Add more at price 207 for Target 208.80 - 209.60 with SL below price 206.30 trade with 2 lotsAFTER POST CONTENT Read More

Wynn Resorts Options Bull Makes a Risky Gamble

March 23, 2018 / www.schaeffersresearch.com

Analysts and options traders are bullish on the casino stockWynn Resorts, Limited (NASDAQ:WYNN) is up 1% today to trade at $177.34, on news the casino's founder and former CEO Steve Wynn has sold his entire stake in the company. Plus, Macau's Galaxy Entertainment revealed a 5% stake in WYNN -- a move that had Jefferies reiterating its "buy" rating, while Union Gaming upgraded the stock to "buy" fr...Read More

#Facebook Fiasco May Bring #Blockchain into Play

March 23, 2018 / www.stockhouse.com

Mark Zuckerberg "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you." (File Photo)Facebook CEO Mark Zuckerberg broke his silence Wednesday afternoon, days after his social media site was accused of data abuse. Facebook's data scandal, data mishandling...Read full newsRead More

From #Energy to #Crypto, #Tech Company Links to #Coinbase

March 23, 2018 / www.stockhouse.com

A Vancouver tech company isn't wasting time evolving its business to focus on blockchain and cryptocurrency. Global Resource Technologies Ltd. announced at its AGM March 21, 2018 that it has acquired 1Linx Blockchain Technologies Corp., a company that provides blockchain security services to meet th...Read full newsRead More

Indorse will empower social media users after Facebook scandal, says Coinsilium boss

March 23, 2018 / www.proactiveinvestors.co.uk

As Facebook's use of data hits the headlines, Eddy Travia co-founder and CEO of Coinsilium Group Ltd (NEX:COIN) explains how the Indorse social platform puts users in charge and gives them a share of the advertisement revenue generated by their personal profiles."Indorse is a decentralised platform that's changing and disrupting the way social media is currently working," Travia said.Coinsilium no...Read More

Gold rallies to 5-week high, up nearly 3% for the week

March 23, 2018 / www.marketwatch.com

Gold futures rallied Friday to their highest finish in five weeks, notching a weekly gain of almost 3%, as the threat of a looming trade war between the U.S. and China intensified. "Gold's gains feel unexpected, but considering the growing volatility in the equity markets and uncertainty surrounding the Chinese-U.S. tariffs, the implications from a larger trade war are sending safety into precious...Read More

Gold rallies to 5-week high, up nearly 3% for the week

March 23, 2018 / www.marketwatch.com

Gold futures rallied Friday to their highest finish in five weeks, notching a weekly gain of almost 3%, as the threat of a looming trade war between the U.S. and China intensified. "Gold's gains feel unexpected, but considering the growing volatility in the equity markets and uncertainty surrounding the Chinese-U.S. tariffs, the implications from a larger trade war are sending safety into precious...Read More

U.S. steel tariffs meet barrage of criticism at WTO

March 23, 2018 / www.kitco.com

GENEVA (Reuters) - U.S. President Donald Trump’s steel and aluminum tariffs met a barrage of criticism at a World Trade Organization meeting on Friday, as the European Union, Japan, Australia and others joined a debate started by China and Russia.The EU representative dismissed U.S. assertions that the steps were needed to protect national security, saying Washington was just trying to suppo...Read More

Wall St. struggles to shake off trade war fears, tech gloom

March 23, 2018 / www.kitco.com

(Reuters) - Wall Street on Friday struggled to shake off fears of a global trade war after the United States moved to slap tariffs on China and as technology stocks took another hit with Micron’s results weighing on chipmakers, though oil prices gave some succor.The Dow Jones Industrial Average and the benchmark S&P 500 indexes swung between gains and losses in a choppy session, but the...Read More

Oil price remains resilient at the end of downright scary week for equity markets

March 23, 2018 / www.proactiveinvestors.co.uk

The selloff in the equity markets was downright scary this week as a US trade war with China looks likely.Traders also reacted to the Facebook data sharing debacle, as technology stocks lost billions in value within hours.Commodity prices also fell and in early trading on Friday, Brent crude was close to US$70 with WTI holding close to US$65 a barrel.Strength in the oil market is dependent on stro...Read More

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